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Fly News Breaks for May 11, 2018
MG
May 11, 2018 | 06:29 EDT
As previously reported, BofA/Merrill downgraded Mistras to Underperform from Neutral and cut its price target to $19 from $23. Analyst Kaminskaya believes Mistras is facing structural challenges to its business model from competition focused on integrated asset management and predictive maintenance, commoditizing Mistras' offering over the long-term.
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